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omurden
Apr 26, 2020 7:34 PM

Time to short? Short

PETKIMBIST

Description

- RSI saw below 40 in previous weeks, this is a bearish signal for me.

- It's under 200 EMA, tried 2 times but cannot break it.

- It break the triangle.

This is a perfect bearish setup.
Let's see how it'll open this week, then target will be 0.90

For stop, you can follow 200 EMA for weekly close.

Trade closed: stop reached

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